Wipro Technologies Limited, a division of Wipro Limited (NYSE:WIT), is a giant information technology services corporation headquartered in Bangalore, India. Today, Wipro generates USD 6 billion (India GAAP figure 2009-10) of annual revenues. Its equity shares are listed in India on the Mumbai Stock Exchange and the National Stock Exchange; as well as on the New York Stock Exchange in the US. Their major geographic focus is given on countries like US, Europe, Japan and APAC.
They are the leading end-to-end IT service provider of integrated business, technology and offering process solutions on a Global Delivery Platform.
Its offers a comprehensive bouquet of service lines:
– Consulting Services
– Information Technology Services
– Product Engineering Solutions
– Technology Infrastructure Services
– Business Process Outsourcing
Wipro enables business results by being a ‘transformation catalyst’. It offers integrated portfolio of services to its clients in the areas of Consulting, System Integration and Outsourcing for key-industry verticals.
Scope of the Report
This report covers a brief overview of the Wipro Technologies and the strategies used by the Wipro Technologies to be globally competitive. The report also contains analysis of the company based on the PEST Analysis and Porter‘s Diamond.
A Brief History of Wipro LTD
Wipro Limited was established in 1945 in Bangalore, India, as Western India Vegetables Products Limited. Azim H. Premji has been Chairman of the Board and Managing Director of Wipro Ltd. since September 1968. The company started its operations with the manufacturing of hydrogenated vegetable oil in Maharashtra founded by Azim Premji’s father.
Azim Premji succeeded his father and repositioned Wipro into a consumer goods company that produced hydrogenated cooking oils/fat company, laundry soap, wax and tin containers and later set up Wipro Fluid Power to manufacture hydraulic and pneumatic cylinders in 1975.
Bibliography: 1. Source: http://www.wipro.com/resource-center/analyst-speak/pdf/gartner-wipro-analyst-day.pdf, Date:10-9-2010, Time:21.00 2. Source: http://www.hinduonnet.com/2001/07/09/stories/0609000f.htm, Date:10-9-2010, Time:21.30 3. Source: http://www.wipro.com/corporate/aboutus/index.htm, Date: 1-9-2010, Time:20.00 4. Source: http/:www.wiprocorporate.com/wipro technologies, Date: 8-9-2010, Time: 22.00 5. Source: http:www.nasscom.com, Date:11-9-2010, Time:19.00 6. Source: http:www.moneycontrol.com, Date:11-9-2010, Time: 19.30 7. John D.Daniels, Lee H.Radebaugh, Daniel P.Sullivan, Prashant Salwan, 2010, International Business: Environments and Operations, 12th Edition, Pearson Education, India. 12